Drooid Logo
Back to today’s briefing

Story perspectives

33 Arrested in HK$150 Million Tech Fraud Scheme

1/31/2026

50 6 Full Breakdown

1 of 1

Story summary
  • The Hong Kong Independent Commission Against Corruption (ICAC) arrested 33 people for defrauding two government technology funding schemes worth HK$150 million.
  • Group comprises 24 men and nine women aged 27–66, including a former Cyberport employee.
  • Digital Transformation Support Pilot Programme and Technology Voucher Programme were targeted.
  • ICAC intercepted about HK$120 million in fraudulent applications totaling 1,500 submissions.
  • Principal investigator Matthew Chang stated the syndicates used document forgery and bribery.